[ecis2016.org] Vashi is a neighbourhood of Navi Mumbai. It emerges as both a residential and a commercial hub of Maharashtra.
Vashi, top ten most developed zones in the politan gion was developed by CIDCO. Vashi is
You are reading: Vashi property market: An overview
surrounded by the Sion- Highway and Nerul to the South, the Thane- Road and Sanpada/Turbhe to
the East, Khairane channel and Koparkhairane to the North and Thane creek to the West. The
locality consists of different sectors which are again subdivided into a number of plots. Of the
sectors, the residential sectors extend from 1 to 8; shopping sector is the Sector 17; malls and IT
buildings are housed in Sector 30.Some of the prominent builders investing in Vashi include – Swastik
Group, Builders and Sunny Buildtech.
Connectivity with nearby Vashi localities:
The locality is well connected to various developed areas and a number of hotels, schools, banks and
hospitals via an excellent network of railways and roadways.
Harbour Line Railway network serves the locality and connects to various popular localities
of Maharashtra such as Chattrapati Shivaji Terminus (CST), Andheri, Nerul and Panvel
T, BEST and ST bus services are operational here
Vashi enjoys proximity and accessibility to localities of Chembur, Sion, Dadar, Worli, Byculla,
Bandra, Mulund, Bhandup, Ghatkopar, Santacruz, Andheri, Powai, Dindoshi & Borivali.
Employment hubs near Vashi:
The locality is witnessing an increase in the population in the recent years owing to its proximity to
various employment hubs. These include –
- Delhi Metro Violet Line: Escorts Mujesar-Ballabgarh section ready for passenger operations
- Navi Mumbai sees biggest office rentals increase, over the last 12 months
- Congress delegation urges Haryana governor not to give assent to PLPA Bill
- Property rates & trends in Pimple Gurav, Pune
- Rent agreement in Delhi
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Mahape IT Park
Dhirubhai Ambani Knowledge City (DAKC)
MIDC Trial Area
The MC Market
Schools in Vashi and other social amenities:
Vashi provides its residents with all kinds of social amenities to live a happy and peaceful life. They
include various schools and hospitals.
St. Lawrence High School
Avalon Heights International School
ICL High School
Institute of Engineering & Management Studies and many others enjoy being the famous
names of educational institutions in and around Vashi.
Of the social amenities provided by Vashi, the major health institution dominating the locality
M J Hospital
Apart from these it also provides the luxury of enjoying recreational amenities and proximity to
various banks and ATMs.
The locality also provides its residents with many luxurious shopping centres such as –
Both of them are located within a distance of 1-2 kilometres from Vashi central.
Physical infrastructure in Vashi :
Water Supply Infrastructure has been planned all over Navi Mumbai including Vashi, by the
Price trends in Vashi:
Price Appreciation – around 50.9 % in last 2 years
Current property rates- INR 11,114– INR 12,082per sq ft
Reasons to invest in Vashi
Considering the increasing price trends Vashi and the obvious rise in demand, the locality will
definitely prove to be a good investment. The high increase in property prices is a promising trait to
start with. Presence of more and more commercial hubs in and around the locality is making Vashi a
coveted working as well as a residential destination of Mumbai.
Big ticket projects like Shah Signature, Sunny Buildtech Orchid Arcade, Baba Homes Solitaire and
Vishrut Construction Barcelona are here to make Vashi a rather posh and coveted residential
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